Work to create an enterprise zone for investment advisors modeled after existing CT Enterprise Zone legislation.

CT Investment Adviser Registration:

-Adoption of the SEC’s “relying adviser” approach – which would allow an investment adviser with a separate fund general partner entity to not have to register both the investment adviser and general partner entities.

-CT investment adviser registration: Implementation of 5 client de minimus exemption for investment advisers with regulatory AUM of less than $25 million (to match the same registration exemption in NY).

Reduce CT’s estate tax.

Eliminate the gift tax (CT is the only state with a gift tax!). Read what some of our wealthy citizens have to say about this tax Here.